There is an investment strategist that speaks about "World Dominators"
Google it.
These are great dividend stocks. Intel, wal-mart, Exxon, Cisco, Apple, Microsoft, etc. You may love or hate them, but they are here to stay and grow their dividends. Throw $10k at each of them today. Forget that you own them and then set a reminder in your iPhone for 2045 to check your portfolio. I bet that you'll be pleased with the result.
Intel yes, wal-mart is having problems(I used to do all my shopping there, I only buy diapers there), Exxon went bankrupt once, Cisco=Cia, Apple is going to die without Jobs, Microsoft, Im not so sure, china is replacing the operating system, all it would take to kill them is to find out about NSA backdoors(speculating) If I knew how to use linux, I wouldnt use them(I have Never bought an operating system
*I find myself being rather anti-corporation these days and I have no problem disclosing this.
*Im not an economist, but a realist.
*I did once own a stocks in utilities, oil and gas, stuff like that. Mutual fund or a Money Market fund, I cant really remember. I had it for 5 years in the mid 90's, I never made a dime on it, but had to pay tax on it and I do believe I lost money on the deal.
There are regular risks of business always.
Coca Cola feels the pressure from Soda Stream, Microsoft is competing with Apple etc.
Picking stocks is actually a hard work and it is not that simple to pick the winner.
However, in general I think it-sector will not disappear - rather go forward. The question is always if the current companies can handle the changes in markets.
Finland faced this type of change. The pride of Finland was Nokia which basically brought mobile phones to everyone's pockets but then came year 2007 and first iPhone. At one point in 2012 Nokia was close to bankcrupty, now recovered and basically the business is now only with mobile phone networks.
Many Finn lost money as Nokia was widely owned by the people.
In my opinion, the only right approach for stock investing (not speculating) is to buy stocks that are a little bit boring but generous dividend payers and have a good track record of increasing dividends year after year (and check which company increased the dividends on 2009 and 2010 when the markets were in Armageddon).
Poll
